Armenian PM briefs students on crisis solutionsMarch 24, 2012 - 15:51 AMT PanARMENIAN.Net - On March 24, Armenian Prime Minister participated in student conference titled “20 years of Armenian independent economy” in Armenia’s resort town of Tsaghkadzor. In his report Tigran Sargsyan presented the roots of crisis and possible solutions. According to the PM, Armenia currently faces the problem of creation of favorable climate for savings collection. “Funds collected as a result of the savings must be aimed at economic development, particularly implementation of pension reforms envisaging creation of pension funds,” he said. The PM further underscored the importance of balanced development of the state and “funds distribution from the rich to the poor”, which necessitates domestic sources of economic development. “Currently global economy is interconnected. Customs borders must gradually be eliminated, with trade liberalization and formation of common markets in the world economy playing a major role,” he said. The conference is organized by the student council of the Armenian State University of Economics (ASUE) jointly with Armenian Youth Foundation. Aimed at promoting students’ scientific activity it has brought together over 100 participants. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | European Parliament to discuss repression in Azerbaijan The European Parliament will discuss repression of civil society in Azerbaijan on April 24 PACE wants concessions from Azerbaijan to accept Baku back A PACE co-rapporteur said that Azerbaijani authorities must make certain concessions so that the country can return to PACE. Cyprus parliament honors Armenian genocide victims Acting House President Zacharias Koulias noted that April 24 marks the “black anniversary” of the Armenian genocide. Armenia PM, France envoy discuss regional matters Issues related to the consistent development of Armenia-France cooperation were discussed. |